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Had to look them up. Among other stuff, they let you borrow cash using crypto as collateral. That sounds like risky business at this time. They seem to apply a
by superjan 4y ago
Had to look them up. Among other stuff, they let you borrow cash using crypto as collateral. That sounds like risky business at this time. They seem to apply a 2x safety margin but that might not be enough.
- heurist 4y agoTheir over-collateralization requirements apply to retail borrowers, not institutions. If they stuck to just over-collateralized loans (for all borrowers), they could have been a great service that I'd happily continue using.